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Tag: IMF
Stability in Europe has no chances because of Ukraine
Everyone wants to help Ukraine but no one knows exactly how. Time is passing, nothing is changing. All tested methods of international aid suffered a defeat. Consultative, financial and military assistance was tried more than once. Ukraine as a bottomless pit absorbs aid without any substantial effect. According to The […]
Ukraine Stiffs China for Billions It Owes
Russia’s RIA Novosti News Agency reported, on January 17th, that China is demanding refund of $1.5 billion in cash and of an additional $1.5 billion in Chinese goods that were paid in advance by China (in 2013), for a 2012 Chinese order of grain from Ukraine, which goods still have […]
Capitalism and its Contribution to Wealth Inequality
‘When the rich get richer they get more powerful and that puts them in the position to lobby for policies that make them richer still’– former Clinton advisor Larry Summers. I briefly read the French economist Thomas Piketty’s best seller CAPITALISM IN THE 21st CENTURY. The theme of Picketty’s work […]
The Slow-Motion Collapse of the Ukrainian State and the Rada’s Capitulation
Acting Ukrainian Prime Minister Arseniy Yatsenyuk recently announced his resignation from the government amidst parliamentary infighting in the Rada, supposedly over none of the factions wanting to take the fall for the upcoming suicidal IMF stipulations. (His desire to leave off the hook ahead of the coming economic and social […]
The IMF goes to war in Ukraine
The IMF has approved a $17 billion loan to Ukraine. The first $3,2 billion tranche has been received today. It’s essential to identify the conditions attached to this Mafia-style “loan.” Nothing remotely similar to reviving the Ukrainian economy is in play. The scheme is inextricably linked to the IMF’s notorious, […]
Is Ukraine Drifting Toward Civil War And Great Power Confrontation?
People ask for solutions, but no solutions are possible in a disinformed world. Populations almost everywhere are dissatisfied, but few have any comprehension of the real situation. Before there can be solutions, people must know the truth about the problems. For those few inclined to be messengers, it is largely […]
Does the EU really want Ukrainians or just their territory?
Christine Stone asks whether the current crisis over the Ukraine’s relationship with the EU was precipitated by the West rather than President Yanukovich. Perhaps the most intriguing aspect of the demonstrations that have crippled central Kiev for the past fortnight is how they were triggered. Even allowing that ordinary people […]
Egypt – a Pendulum of Chaos
What is happening in Egypt? Is the overthrow of the country’s Islamist president a symbol of American failure? Will the military’s rise to power, followed by a new, perhaps secular government, help to normalize the situation? When Mubarak was toppled, the military made no move to intervene. And this was […]
Why Washington is opposed to Vladimir Putin election as Russian President
There seems to be no limit to Washington’s idiocy in international relations, when clearly as a premier economic power US is declining fast and like a seriously diseased patient, on drip, just about surviving. Yes, it spends over $ 700 billion on defense at the behest of military and energy […]
BRICS’ Rising Profile
The 3-4 November 2011 G-20 summit at Cannes that grappled with various raging issues governing the world economy particularly the Euro zone crisis also brought into focus the rising profile of BRICS as a major player towards resolving global issues including the financial crisis. As rightly pointed out by Russia’s […]
Covering the Somalian Famine
The experience of Somalia shows that famine in the late 20th century is not a consequence of a shortage of food. On the contrary, famines are spurred on as a result of a global oversupply of grain staples. Since the 1980s, grain markets have been deregulated under the supervision of […]
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